Page-2 of global trade Current Affairs, GK & News

India to host informal WTO Ministerial gathering in March 2018

India has announced to host informal Ministerial meeting of World Trade Organisation (WTO) in March 2018 in New Delhi to muster support for issues and also help to multi-lateral process. It was announced by Deepak Jagdish Saksena, India’s ambassador and permanent representative to WTO during informal WTO ministerial gathering at Davos on the sidelines of ..

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BRICS nations vow to fight protectionism

India and other four other members of the BRICS grouping members (Brazil, Russia, China and South Africa) have pledged to fight protectionism. Decision in this regard was taken at the two-day meeting of the trade ministers from BRICS nations held at Shanghai, China. They released joint statement highlighting various issues and need to address them collectively. ..

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19th RCEP Trade Negotiating Committee Meeting held in Hyderabad

The 19th round of the Regional Comprehensive Economic Partnership (RCEP) Trade Negotiating Committee (TNC) meetings and other related meetings were held in Hyderabad, Telangana. Besides, the 19th round of TNC, parallel meetings were also held by the three main Working Groups on Trade in goods, services and investment. Working Groups in other areas like electronic ..

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29 September: World Maritime Day

The World Maritime Day is observed across the world on 29 September to highlight the importance of shipping safety, maritime security and the marine environment. Several events are organised to mark this day by the International Maritime Organization (IMO), member Governments, maritime industry etc. 2016 Theme: “Shipping: indispensable to the world”. The theme focuses on ..

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WTO cuts 2016 global trade forecast to 2.8%

The World Trade Organization (WTO) has revised its 2016 global trade updated forecast for 2016 downward by more than one percentage point to 2.8% from 3.9%. The main reasons for cutting the forecast rate is slowdown in China and broad market volatility that continues to threaten growth. Key facts WTO has mentioned that various factors ..

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